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us today. jenna: "america live" starts right now. megyn: fox news alert, the world on edge and the u.s. and its allies potentially on the brink of entering another war in the middle east to prevent syria from doing the unthinkable. welcome to "america live," everyone, i'm megyn cel by. just days after he first reported on concerns syria was actually mixing chemical weapons that could kill thousands of people at a time, we get word that the regime has loaded the nerve agent into bombs that could be dropped, we don't know when. the president earlier this here, our president, called chemical weapons use a, quote, red line that would get an immediate response from the united states, and here's what the white house said about it moments ago. >> to the administration any more urgent than 48 hours ago? >> i think we've been clear all week about our concern -- well, probably longer than that, but since this has been a heighten, an issue that's getting heightened attention, we have made clear, i think, in very stark terms our concern about it. i wouldn't want to characterize our assessments bas
got it? yes. rates for us and them -- now that's progressive. call or click today. happy holidays. have a good one. ♪ lou: good evening. this beakers failure to win republican support in the house for his plan the proposal on the fiscal cliff has embarrassed the speaker, but the speaker's failure means a solution to the fiscal cliff is, if they're going to be one, now resting squarely upon president obama. arsine to be vacationing president alone cannot propose gislation that wins majority support in both the house and senate, and the decision to go over the fiscal cliff now depends on his ability to successfully negotiate and to forge a compromise that appeals to both republicans and the far left in mr. obama's party. the president metwith senate majority leader harry reid this afternoon and talked with speaker boehner to begin anew that effort to reach compromise. >> averting this middle-class tax hike is not a democratic responsibility or republican responsibility. with their foes the american people have determined that governing is a shared responsibility between both parti
layaway accounts for families that can use the help. it is a trend sweeping the nation. as we talked about earlier, often bringing up the best in people, and super storm sandy was no exception. here is another example. michael of brooklyn, check this out, every day he is treading his death in his red suit with his red cent delivering presents to boys and girls. he gets requests from kids and has been blessed with a huge influx of the nation's. michael johnson the qualifies for the nice list, and i'm thankful they're out there. that's my "2 cents more." here is how you vote in on the poll question we asked on gerriwillis.com with the emphasis this holiday season, thanksgiving. merry christmas. happy holidays. have a good one. ♪ lou: good evening. this beakers failure to win republican support in the house for his plan the proposal on the fiscal cliff has embarrassed the speaker, but the speaker's failure means a solution to the fiscal cliff is, if they're going to be one, now resting squarely upon president obama. arsine to be vacationing president alone cannot propose legisl
and materials were this week's top performing sectors and consumer staples and telecom land. demand for u.s. goods climbing for the sixth time rising zero.7% last month, after 1.1% gain in october. orders for goods excluding aircraft excluding increase for the sixth straight month jumping to.7%. and in december, potentially higher taxes and consumer sentiment index calling -- 72.92.seven in november. liz: we have to mulholland in the pits of the cme and stephen sacks telling us the best place to put our money along with john buckingham who tells us why he is not worried about the fiscal cliff, or i coined this one, cliffmaca. i am not getting a courtesy laugh from to mulholland. tell me what the pits were like, david has mentioned last night neil cavuto was right here, saying there is not going to be a vote because there's so much infighting with republicans, futures were plummeting. this could have been a much uglier day but what happened? >> it was the global trading overnight and opened up. the volume was fairly light but the news was a shock so we got a steep drop. barista lot error of
point republicans are hammering. >> the u.s. economy is estate here. millions of families are counting on us to do something. look. it is the president's job, his job to find a solution that can pass the congress. he is the only one you can do it >> the president's response has been to make clear, he is already compromising. >> during the course of these negotiations i offered to compromise with republicans in congress. i met them halfway on taxes and and i met them more than halfway on spending. >> and the president addressed as in the briefing room tonight, he urged lawmakers to go home for christmas. maybe even drink a little bit of eggnog, calmed down, cool off, week in order to try to work all this out. the president now headed to ally himself tospend christmawith his family. on his way out the door he told us, see you next week whhch means he is coming back before new year's eve in order to deal with this mess. lou: was named david axelrod who said see you later. it turns out mr. obama was paying attention. ed henry, fox news chief white house correspondent. president obama nomin
holidays. >> thank you for joining us. have a great day, everybody. >> an nra showdown. they stand firm saying it would be crazy not to put armed guards in every school. some lawmakers accuse the nra from shooting from the hip. a christmas homecoming. after months being chained to a bed a veteran marine is coming home for the we will hear from his relieved mother. and a holiday forecast. triple-a predicts 93 million americans are making their way over the river and through the woods. we have your travel and weather forecast. all of that and do you remember the peanuts cartoon happiness is a warm puppy? we will have warm puppies in our studio. hopefully they are house-trained. "america's news headquarters" live from the nation's capital starts now. >>> early this week the national rifle association broke its silence on the tragedy at sandy hook. i think the best way to prevent a future masacre is to put armed guards in schools. this morning the nra showed no signs of backing down from that idea. peter doosey is here with the story. >> that's right, doug. the national rifle associati
rest of us who are aging. i think we should be in charge, don't you, brian? on that note, thank you so much, everybody. we've got a rally going on out there. it looks as if the street is expecting some kind of deal, but as bob pisani's been saying, i'm wonder if it's a bite rumor and sell the fact situation. >> more negative now than when i came down here. >> that's not very encouraging. where's the hope "closing bell" is next. >> a government fractured, a market paralyze. a call to action our markets careen towards the sharp edge of the fiscal cliff. we've is asked our politicians to seem compromise and find a solution. the clock is ticking down. the stakes are getting higher. now we're turning up the pressure. this is a cnbc special report, "mission critical, rise above d.c." >> and we do welcome you to "closing bell." i'm bill griffith here at the new york stock exchange. hey, maria. >> hey there, bill. big rally where you are. i'm bartiromo coming today from the white house for our special coverage. stocks rallying on the on the missile that perhaps we are nearing a fiscal cliff
and i appreciate you guys very much. see ow january 2. that's it for us. check out the fox news factor web site, which is different from bill o'reilly dot-com. the key point is on power. also, we would like you to spout off about the factor from anywhere in the world. i am going to force miss laura to read some of this mail tomorrow. name and town, name and town if you wish to opine. word of the of the day, do not be a noddy when writing to the factor. i am bill o'reilly. please, always remember that the spin stops right here because bee are -- we are definitely looking out for you. >> sean: this is a fox news alert. the republican leadership in the house do not have enough votes to pass speaker john boehner's plan "b." just moments ago, we learned that they have pulled the bill. now, this is how it all went down. the house, unexpectedly called a recess, which effectively postponed this vote. watch this. >> voting in the affirmative is passed themologists to reconsider is laid upon the table. the house will stand in recess, subject to the call of the chair. >> sean: after the re
, roger altman and barry knapp. we have thorsten heins joining us, as well. >> our big story of the morning, it could be a tense days for the markets as the resolution to the physical cliff appears less likely. we can see the futures opening at least 150 off if things keep up the way they are. house speaker john boehner failing to mount enough support for his plan b that would raise taxes only on families earning more than $1 million. the president vowing he will press ahead with congress to get a deal done. >> he wasn't going to do it, anyway. what does he mean it will press ahead? >> i don't know. >> because it wasn't going to go to the senate. >> but to me, the demonstration that boehner didn't have the support -- you thought boehner never had the support for this plan? >> no. i'm saying boehner didn't have support to do it even at a million -- >> which suggests to me what kind of rationale -- >> because maybe the house wanted some actually spending cuts. after giving in on tax breaks, they didn't go -- >> we always wondered if boehner can deliver the right. i wonder if th
from the work force. joining us now, one of the country's most thoughtful, provocative political an economic tinkers, author george gilder who wrote the best seller, wealth and poverty, and a seminal rk in it is great to have you with us. somepeople upon closer inspection, it is not good news and people are leaving the work force. >> it sure isn't. we are paying people to leave the workforce. some $1 trillion offpayments of various kinds to keep people from working and to break up their families and to demoralize their earnest. it is -- it ignores the elephant in the room which is a massiveve depaure of the prime age man from the work force. it is accelerating today. and part of this is being subsidiz by the government through record disability payments. lou: disabilit payments from social security administration, taking thaaside when one looks at food stamps and medicaid alone, you can add other incentives as well and support programs, but we are looking at the prospect of having one in the quarter workers for every one person on welfare and working the governnt. we are reaching
the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left until the fiscal cliff deadline, and though the market has been very resilient to this point, what happens if we go over the cliff and if lawmakers cannot get it together come january 1st? will it be a big meltdown for wall street? that's what everybody wants to know. >> certainly hope know. in today's "closing bell" exchange, former chief economist of the vice president joe biden, oliver perch from gary goldberg and matt cheslock and rick santelli, thank you very much. jarred, you wrote an article called "cliff dive, what the heck happens next?" what does happen next? >> well, that's actually all up to john boehner, as i see it, b
the nation's capital on this. dagen: think those photos are yours and only yours? instagram says it could use your photos in ads, if it wants to. connell: this could cost us. the next on bank account adds. dagen: nicole 5 on the new york stock exchange. nicole: this is unbelievable. we continue to get the headlines out of washington. we have boehner coming out with plan b. we are getting harry reid response saying that speaker banners -- boehner approach is very far away. the markets have managed to move back higher. there is a look at the nasdaq. the dow is a winner of about .5%. connell: let's follow up on this breaking news on the speaker of the house john boehner. dagen: richardson is live in washington, d.c. with what the heck. rich: the house will vote as early as this week to extend tax rates for those making less than a million dollars a year. house speaker john boehner says he is still negotiating plan a with president obama. the reason for the backup plan, speaker boehner says, after optimism, the white house is latest offer has soured the mood within republicans. >> it was essentia
used to do for free which includes giving lectures three all i can say is, hollywood better watch out. i would say that the entertainment industry since utility. that is my "2 cents more." and that is it for tonight on "the willis report." thank you for joining us. don't forget to record the show if you cannot catch us live. have a great night and a great weekend. ♪ lou: good evening, everybody. the president and speaker have taken no concrete steps to resolve the so-called fiscal cliff. president obama remains insistent that republicans yields to his ultimatum that he be allowed to raise taxes on those making more than $250,000 a year. republicans for their part insist that the president gets serious about cutting spending in order to reduce trillion dollar deficits and a national debt that is now mind-boggling league not -- monotonous. house minority leader disagrees vehemently with the speaker on how to reduce deficits and debt. today she offered a paradoxical statement on fiscal policy that would make both casey stiegel and yogi berra proud. the nation now just 24 days away from
the cliff. he will join us in a moment. american banks on guard for a new round of cyberattacks. your money could be at risk. we will talk to one cybersecurity expert who helps banks, stock exchanges or more protect themselves from attack. lori: a blockbuster deal for the intercontinental exchange, taking over the 200-year-old wall street institution in an $8 billion deal. charlie gasparino has new details. let's get updated on the markets, stocks belong. as we do every 15 minutes, we will check with nicole petallides. nicole: stock market bumping along not far off of the unchanged line so the dow industrials are up nine points worth a gain of 0.1%, the tech heavy nasdaq is one of a three with the down arrow and sweeping out a game today. we are continuing to follow nyse very closely on the heels of the deal that charlie gasparino noticed yesterday and it did come to fruition this morning, duncan neiderauer was here with the ceo of the eyes, intercontinental exchange. they were chatting about the deal that has come to fruition, $8.2 billion deal, premium, a lot of folks are happy about a me
a heated debate. with more than a million charities and the u.s. alone, how did you find the best one? we have you covered. "welcome to "the willis report." hello, everybody. i'm gerri willis. tonight no progress on the fiscal cliff as democrats and republicans trade barbs over the issue. one group of americans is finding a way through this regardless of congress and the president. small-business owners in this country are preparing to hire. join me now, chief u.s. economist for i may just pull one side. heart of america group founder, and member of the jobs creation alliance and actual job creators in this country who say their voices not being heard in this office took with debate. also with us from the weekly standard, steven haze. welcome. great to have you here. i want to start with the conversation in washington and what the speaker had to say about the status of the fiscal here is mr. boehner. >> this is in the progress report because there is no progress to report. when it comes to the fiscal cliff that is turning our economy and jobs, the white hhuse is wasted another week. gerri
really pushing some new recent highs. that is something that pushed us along in the last couple days. lori: a showdown in washington. sparring over a dead deal. it does not look like either party is ready to budge. where are we now, rich we are still in the middle of a work in progress. that could be a little bit of an understatement. democrats say they want a commitment from her republicans. basically, we are in the same spot. here we are at the 11th hour and the president still is not. about dealing with this issue right here. it is this issue. spending. >> the public posturing continues. there is a questioning today about whether or not we get to the point where tax rates are ready to increase on nearly every taxpaying american. the speaker would not comment. back to you. lori: so frustrating. rich edson, thank you so much for that update. lori: we will be on pins and needles for a while. the voters are sending mixed signals. voters think the best way to deal with the countries deficit problem is mostly with cuts and government spending. majorities say major spending cuts are nece
, they are practicing the ho, ho, hos. tweet us the card and photos and e-mail them to us as well. a lot of the time people can photoshop and take a bunch of them and easy to put the card and you can do that. >>> and thanks again, guys. "fox and friends" starts now. >> gretchen: good morning everybody. today is thursday. i am gretchen carlson and thanks for sharing your time today. brand new information on the newtown killer's final days what was he plan where was his mom in the final days? >> steve: meanwhile the fiscal cliff is bigger, not only with your taxes go up. you might not get a tax refund check even if you are owed money. >> brian: lawmakers will not let that fiscal cliff get in the way of movie night. did the break, did they watch here comes on -- we are live in dc, "fox and friends" starts now. ♪ "fox and friends". >> gretchen: they had movie night? >> steve: yeah. on lincoln. >> brian: most overerated movie of the year. >> steve: not since mr. smith went to washington has the movie inspired the senate. harry reid rled it out. it is the end of the year. >> brian: it was incredible to
to the lowest level in four months dropping a one.3% after a report that the u.s. economy grew more than expected, gold lining stocks into the red, all posting losses and anglo gold hitting a 52 week low. liz: what looks good? financial sector, climbing within 1%, citigroup looking pretty healthy just under 2%, bank of new york mullen, royal bank of scotland hitting 52 week highs today. ashley: natural gas climbing for the third time in four days after reports show u.s. supply falling more than expected, natural gas for january delivery ending the day up 1.3%. liz: that storm over the midwest. you see that thing out side, winnebago, the largest u.s. motor home maker is getting bigger. increasing production to mean growing demand, just reported better than expected results and that is why we slept this thing outside our studio. you don't want to know, it is $350,000 with a steering wheel and also comes with the chairman, ceo and president of fox business exclusive and we will talk about strong earnings, released from backlog in order flow. ashley: america is growing. third quarter gdp rev
doing better. it is hard to be terribly bearish on the u.s. >> y are going to stay with our politico expert. this is a rally that has surprised experts. it hasn't been that easy to be optimistic. >> it is. i think you have to be cautious here. the probability that this could fall apart is very, very real. >> so, you have to be careful up at these levels as a trader. i have low exposure up here. i have protection. that is how you have to play this market. stay with us please. >> yesterday it looked like washington was inching towards a deal. but today, plan b could be signaling differences. we have karen b and sara fagan herself a former political director. i know what it means. no tax rates above $1 million. no tax hikes but why did bay nor decide to do that. what signal is he sending? >> i think what he is telling the president is look, i appreciate you coming around on this, i appreciate you giving, it is not enough. and i'm going to go to the floor and show you, that $400,000 is not a deal republicans are going to accept. the other thing that occurs that, is it is important for hi
he s. >> steve: shawn [-fls] shopping in the mall when they heard the gunshots and they join us live from portland. thank you for joining us. >> thank you for having us. >> steve: shawn you and your girlfriend and ryan had just sat down in the food court and made a purchase at panda express and opened a fortune cookie that said what? >> i opened my fortune cookie that said live for today and remember yesterday and live for tomorrow. >> steve: that's when you heard what? >> i heard the first pop. >> gretchen: what did you think it [-fls]? >> at first i thought member dropped something heavy until the second and third pop and i knew it was a gunshot and i dropped on the ground. >> brian: brian when did you figure out what was happening. >> i was oud of panda express and pretty much all i remember is a big laud bang and then the next thing i know, i blacked out and i was on the ground. >> steve: shawn, i know you work as a security guard, not at that particular mall though. how many gunshots did you think you heard and did you hear the shooter hear him yell anything? >> yes, i did. i he
with us. >> thank you for having me. >> that does it for us today. join us tomorrow. right now it's time for "squawk on the street." >> good tuesday morning. i'm carl with melissa lee, david faber, live from the new york stock exchange. jim cramer is on assignment today. well, are we getting close to a fiscal cliff deal or not. futures are up and the dow gained 100 yesterday. but there is room for skepticism. europe's grappling with the same question helped by some decent uk inflation data today. and a t-bill auction in spain. our road map begins with what appear to be significant progress in the debt negotiations overnight. a whose proposal looking to raise rates for those making more than $400,000 a year. but senator corker on squawk just poured a bucket of ice water on those hopes. >> whitney boosts her recommendations on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once again the target of a "new york times" investigation. but does the paper add anything new and can the stock outperf
>> i believe government is here to fix our streets, roads, and protect us, but they don't need to protect people from their jobs. >> three cheers for her. you at home who understand it's freedom, not central planning that gives us betterives, that's our show. thanks for watching, i'm john stossel. ♪ ♪ gerri: tonight, did president obama break the law? some in the senate say yes, and now the cases in front of a judge. we will have a heated debate. with more than a million charities and the u.s. alone, how did you find the best one? we have you covered. "welcome to "the willis rport." hello, everybody. i'm gerri willis. tonight no progress on the fiscal cliff as democrats and republicans trade barbs over the issue. one group of americans is finding a way through this regardless of congress and the president. small-business owners in this countr are preparing to hire. join me now, chief u.s. economist for i may just pull one side. heart of america group founder, and member of the jobs creation alliance and actual job creators in this country who say their voices not being hear
next guest. alex sharpton is with us. it is good to have you. the significance you think of an fha bailout, if it comes to that. >> i do not think it will be ruled out. we probably will have some type of popping off of the fha. if you look at where we stand right now, as an economy, we have a very modest recovery. it is most likely going to happen. connell: the significance of it is, in your mind, what? >> what needs to happen is we need to take note that we are subsidizing the fha again. while the fha is great for lower income borrowers, we are still allowing people to buy properties where they want after they post on the property, they are upside down on our property. that is where we need to be cautious. connell: we talk about it all the time, the housing numbers that are showing improvement. if people are only putting down, you know, the 3.5%, are we getting ourselves into a similar hole to the ones we are trying to dig ourseeves out of? >> unfortunately, we may have. the loans that the fha have increased in the past ten years, has increased tenfold. when you look at that type
again. >> we got to thank these guys. join us tomorrow. squawk on the street is next. >>> take a look at how we are setting up on this thursday session, the day after the federal reserve decision. a lot of economic data out this morning, jobless claims coming in better than expected. core ppi in line with consensus. retail sales light. as for the picture in europe, take a look there. really following the cues of the u.s. markets this morning. our road map today starts with the fed announcing a new round of stimulus as chairman ber bernanke warps the fiscal cliff is hurting growth. house speaker john boehner expected to talk on the cliff talks 11 a.m. eastern time. >> told you this week, of course, they were talking actively, now, sprint/nextel offering to purchase the other half of clearwire it doesn't own. >> surges of best buy surging on reports that the founder is on the verge of making a formal takeover bid. >> and google maps has found its way back into apple's operating system. >> of course, we have to start off with the markets. dow's five-day winning streak has been snapped, d
guy with a gun is a good guy with a gun. politicians have no business and no authority denying us the right, the ability, and the moral imperative to protect ourselves and our loved ones from harm. i call on congress today to act immediately to appropriate whatever is necessary to put armed police officers in every single school in this nation. this is the time, this is the day for decisive action. >> this is the beginning of a serious conversation. we won't be taking questions today. >>> the friday before christmas and it is a busy day in washington, d.c. the president just made his announcement that senator john kerry of massachusetts is his choice to succeed hillary clinton as secretary of state. but his business yea day started with a moment of silence to remember the victims at sandy hook elementary school in newtown, connecticut. from wall street to main street, millions of americans stopped to remember the 20 children whose precious lives were so senselessly cut short in a high-tech hail of bullets. [ bell tolling ] they stopped to remember the children, chase, charlotte, d
there could be released ahead. he will tell us just how much. time for stocks now. let's head to the floor of the new york stock exchange. nicole petallides is standing by. no fiscal cliff deal and the market is looking a little nervous. nicole: you saw the dow down nearly 200 points. what you see is basically everybody sells everything. they are not saying i will sell my financials and hold onto my drugs. no. they are getting out today. it is the weekend. we havecome up off the as you noted, they cannot get away from the fiscal cliff. not just yet. they have not come to a solution in washington. that is front and center. we are also seeing a flock to the area that are safe. the dollar is higher. gold is higher. we are also -- there is a look at the dow jones one week. last friday we close that 13,135. we are still actually of about 30 points for the week. that is if we were to close right here. for right now, certainly, read on the screen because there is so much concern about washington. melissa: thank you so much. many believe the speaker in the senate, but it did notie -@even make it t
karins. this is "way too early." thanks for being up with us on this 12/12/12. there's a lot to get to this morning, including a new law in the car capital of america, as republicans in michigan passed right-to-work legislation despite large union protests. we'll have the governor's reaction, straight ahead. >>> also, north korea successfully launched a long-range rocket, putting an unidentified object into orbit and putting the region on high alert. >>> but first, we have a developing story back here in the states. in a suburb of portland, oregon, three people are dead after a gunman went on a shooting rampage inside a mall filled with holiday shoppers. witnesses say it was a chaotic scene inside the mall as the man reportedly dressed in body armor and wearing a white mask opened fire with a high-power rifle. this morning, investigators are trying to learn more about the motive and the suspect who police say shot himself to death. nbc's jay gray joins us from portland with the latest details. jay? >> reporter: hey, there. yeah, bill, just a tragedy unfolded here yesterday afternoon
. they are making money. it is a lot more than you think. the retail holiday bliss. toys are us among those planning around the clock service. we have our own version of around the clock. nicole petallides is on the floor of the new york stock exchange. nicole: it really is a time to shop. let's take a look at the major market averages. the tech heavy nasdaq is squeezing out some games. it is up about five points. some other traders talking talking about the fact that yesterday they got a lot of monetary policy. then they start to get economic news of things the a little bit better. they have to digest each piece of economic news. there is a look at the dow. 13,237. it is down about eight points. let's talk about best buys. from 1956, that is when he founded best buy. he is moving ahead. it could be by the end of the week. it is up 15.5%. connell: a news alert from washington. you will see it here live from d.c. as we wait for the speaker, we will hear from a guy who says >> whatever god deal is signed, there will be a lot of pressure. boehner will have to cut a deal that raises taxes. their idea of
. >>> good morning. it's tuesday. december 4th. welcome to "morning joe." with us onset, we have msnbc senior political analyst mark haleprin. oh, my god, please stop. just get it off. get it off -- >> pulitzer prize-winning historian jon meacham. "the art of power." >> so you know why i'm doing this. last night, mika goes to madison square garden thinking she's going to see one direction and teenage girls screaming and all that. >> yeah. >> instead, her car gets sidetracked, she winds up at the 92nd street "y," and there are a bunch of screaming girls at the "y." jon meacham's new number one selling book. >> i tried to hand your book out last night at the concert. they weren't interested. >> well, they've probably already got it. >> i've never been to a pop concert. >> did it change your life? >> i have never witnessed such an epic meltdown on the part of thousands and thousands of teenage girls. >> metdown. screaming -- >> screaming. >> other than the group that was at the 92nd street "y" last night that screamed at jon meacham. he was throwing wigs at them. >> jefferson versus one directio
precipitously. the u.s. dollar, now a dollar 302 by the euro. six months ago. this was more like a dollar 25. deming, the dollar has done really week of the last rebel days, has it not? >> i am really shocked at the euro is doing as well as it is. somewhere down the line there will have to ease. it has been doing this as the whole time. has a lot to do with the fed meeting last week. the special -- perpetual qe and is not doing anything to help the ballot right now. liz: in the end you do want a strong dollar. i know some big multinational space to the u.s. that not only won a weak dollar to make our products cheaper, but i'll talk to carlos about this in a minute. let me get to that nymex. obviously whale is an interesting play, but i you guys talking a lot about this gold price behavior? this is really weird. >> well, it is tied in w dollar. so many people leading the same way. all the sudden you start to see it. stocks got hit and people start to panic. you basically have people that look in to say, you know, this dollar is going to get smacked. the reverse my position. liz: speaking of s
: appreciate it. edward tweeted us to say for six years, six years, obama said the bush tax cuts are bad, drop bush's name, and, now, the tax cuts are good. how can this be? it's interesting, isn't it? that's all for us. have a great weekend. we'll see you monday. good night from new ♪ gerri: tonight, did president obama break the law? some in the senate say yes, and now the cases in front of a judge. we will have a heated debate. with more than a million charities and the u.s. alone, how did you find the best one? we have you covered. "welcome to "the willis report." hello, everybody. i'm gerri willis. toght no progress on the fiscal cliff as democrats and republicans trade barbs over the issue. one group of americans is finding a wayhrough this regardless of congress and the president. small-business owners in this country are preparing to hire. jo me now, chief u.s. economist for i may just pull one side. heart of america group founder, and meer of the jobs creation alliance and actual job creators in this country who say their voices not being heard in this office took with debate. also
creators in this ountry who say teir voices not being heard in this fice took with debate. also with us from the weekly standard, steven hze. welcome. great to have you here. i want to start with the conversation in wwashington and what the speaker had to say about the status of the fiscal here is mr. boehner. >> this is in the progress report because there is no progress to report. when it comes to the fiscl cliff that is turning our economy and jobs, the white hhuse is wasted another week. gerri: what do you say? we wasted another week. we seem to be getting nowhere, and now folks are saying the president is trying to entice us of the fiscal cliff. >> look, i think they're actually some pretty strong incentives for the president to take the country over the fiscal cliff. if you look at what the president's stance to gain if the country goes over the fiscal cliff, there are very clear and identifiable things. on the one hand the president could identify himself as a tax cutter. could say -- on january 1st the president in terms of the country and say, now in favor of cutting these taxe
bell exchange. carol roth, the author of "entrepreneurial equation" is with us. from chicago, keith springer from springer financial adviser and john carpina is on the floor with us, and rick santelli, of course, is in chicago as well. carol, you've been skeptical about this market, but you, if i read you correctly, any rally that's going on right now, you might want to fade. you're not too convinced at the long-term outlook right now, am i right? >> i think what we're going to get. we're going to get a deal, but the deal isn't going to solve our problems, and so in the short term everyone is going to be very, very excited about this. we have a deal. uncertainty is off the table. we're printing money. i think that's going to be very good in the short term. my problem in the longer term is the long-term drag from all of these companies not investing today. they are doing share buybacks, they are doing special divide s dividends. >> right. >> they are not investing in their companies, so in the short term it will be fantastic. i just don't know what's going to happen in the long term
cooperman, he's going to join us on set starting at 7:00 eastern time. then at 8:00 eastern, we have black op co-founder and ceo ralph schlosstein. and lynn hutchins will join us. we'll talk about what they see playing out and what they think is working when it comes to the markets now. >> the bill that the president says is in the house that he will sign if -- that's in the senate -- >> the senate. >> the senate that he will sign if the house passes it is what? >> that is $. >> -- that is 250? >> 250? >> he said 400. he said, i have the pen, let's keep tax rates where they are for everyone at 250 and below. so this one, that's c these guys are pretty clever because that would keep rates where they are for everyone at a million and below. no middle-class taxpayers up to a million dollars -- >> that's no matter what, isn't it, in either bill? >>yon r -- i think it would be the same in either one. that's not -- what reid and i guess pelosi, you saw that, said she opposes the million-dollar thing. a lot of people if back on what they say. the difference would be that one is 250 and below, and
in vinegar and. we may as well have tomorrow's conversation today. >> it seems as if this helps us understand what is going on. i will bring a new perspective to the fullest fiscal cliff. connell: please. >> what the democrats have been trying to do is get the republicans to agree to raising the rates on [people. if they were to do that, it would at this rate the republican brand which is the do not raise tax rates. connell: they do not care what the level is? >> right. that is what republicans want to run on. if they agree on increases around $20,250,000, then the democrats could say you are not any different than us. what they are trying to do with the million dollar limit is basically take that problem off the table. i think he is actually succeeding with that which is what it would be very hard to agree with that million dollar figure. it will not go very far. the other side of it is the spending in this the questioner. this is the it part of the fiscal cliff. connell: if you look at interest rates, today we bring up the ten year yield, the real movement on this, the real solution to the
. howard dean, great to have you with us -- >> i don't think so. >> go ahead. >> okay. i think we'll get -- we probably will have a couple quarters of recession but when we come out of it we'll be much stronger. >> yeah. governor dean, good to have you with us tonight. thanks so much for joining us. >> thanks a lot, ed. >> that's the news tonight. that's "the ed show." i'm ed schultz. for more let's go to "the rachel maddow show" starting right now. >> when it rains it pours. do you believe the amount of stuff that happened tonight? >> it's so much rain it's almost mud wrestling at this point. >> seriously. with better outfits. thanks, man. i appreciate it. an incredible night of news. thanks to you at home for staying with us for the next hour. do you want to know what just happened tonight in washington? do you want to know what just happened, with congress just unexpectedly imploding and the republicans in congress dissolving into a huge internal fight, including screaming matches within their own caucus and all of a sudden they're just turning off the light and abandoning what they w
to be a member to use this new app and julie boorstin is in los angeles with the three things you need to know this deal. hi, julia. >> hi, sue. well, facebook is continuing its big push to make money on mobile users by offering its messenger app to billions of people around the world with phones and no longer limiting that app to facebook users. here's the deal. first, mobile messenger is a free app for texting, group chat and photo sharing with no per-text fees. just carrier's regular data costs. doesn't yet yield direct revenues to facebook but it is serving as a gateway to join the social network where traffic does translate to profits. second, this is a big emerging markets play. facebook is stream lining the signup process to appeal to the billions of people who don't have easy access to e-mail or a computer but who do own phones. third this is all about facebook doubling down on mobile where it is experience the fastest growth and now looking for profits to match. it could easily attach ads to messenger as it rolls out more mobile ads. now, facebook is so determined to make it size for
into the new year. today's "closing bell" exchange, gary webbush here with us and steve sax from pro shares advisors and steven gil garcetg and our own jeff cox. no encouraging words out of washington, here we go again, from either the fed or congress. >> right, and frankly that's very expected. there's going to be a -- some grandstanding about your political philosophies right up until the end, but the way i view this is we will not and cannot go over the fiscal cliff. >> you think the can will be kicked down the road. >> well, i think washington learned its lessons from the credit crisis. they are not going to have this go over the cliff, and i think it's going to be a recipe of a small part of cutting spending. a small part of raising taxes and a healthy doze of kicking the gan down the road. >> you would be so sure that these guys cannot do it when in fact here we are 18 days away. steve sax from your standpoint in, terms of etfs and in terms of indexing out there, how do you want to invest given all of these uncertainties as we approach year end? >> i'm in the camp i certainly hope we
cliff are the same people that got us into the fiscal cliff with patches, patches, patches. >> it's a perfect business model, right? >> thanks for watching. happy holidays, everybody. >> see you on monday. >>> hi, everybody. happy friday to you. welcome to the closing bell. ten days and counting. how many? >> ten days and counting, not till christmas, but until we go over the fiscal cliff. we're not closer to a deal in washington today. you can tell from the sell-off, investors do not like it. >> no, posting their largest decline since november 14th, in case you were wondering. although we are off the lows of the session right now. the dow was down 189 two hours into the trading session. we've come off those lows. but at this point, the dow is down 1% for the week and we are down 1% today at 13,173. nasdaq lower, as well. let's see how many percentage points we're down right now. down 1.25%. the technology sector is taking a bigger hit today. down to 3,012 on the nasdaq and the s&p 500 index is down 1% at 1428. . >> house speaker john boehner says he's still open to a offer from t
as many as we can. they've given so much for use after the runs the lieutenant dan band hits the stage. >> i listen to you, you speak so passionately and intensely about the soldiers and about the first responder autos just a privilege to be able to support these folks that is why i say playing lieutenant dan was no coincidence. he talks about the destiny what. he was destined to do. i think it was my destiny to support our men and women. >> au tonight. >> we'll get yourr son out of there one way or the other. we promise that mr. and mrs. hammar. >> laura: corporal john hammar home for christmas after relentless campaign by the factor, the family of the u.s. marine held captive in a filthy mexican prison on a trumped up charge says they will all get to spend the holiday together. >> at some point we're going to have to address the spending problem that we have. but we can't cut our way to prosperity. we need real economic growth. how we get there, god only knows. >> laura: chaos in the g.o.p. as speaker john boehner fails to sell his colleagues on his plan to avoid the fiscal cliff. so
state turns bright red. ho, ho, ho, indeed. stay with us. begin. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. that was me... the day i learned i had to start insulin for my type 2 diabetes. me... thinking my only option was the vial and syringe dad used. and me... discovering once-daily levemir® flexpen. flexpen® is prefilled. doesn't need refrigeration for up to 42 days. no drawing from a vial. dial the exact dose. inject by pushing a button. flexpen® is insulin delivery... my way. levemir® (insulin detemir [rdna origin] injection) is a long-acting insulin used to control high blood sugar in adults and children with diabetes and is not recommended to treat diabetic ketoacidosis. do not use levemir® if you are allergic to any of its ingredients. the most common side effect is low blood sugar, which may cause symptoms such as sweating, shakiness, confu
, but like a bird, really beautiful. i used to say, mom, why didn't you try to get a career as a singer? no, she said she was too shy. she couldn't do it. and i'm basically shy too, but that makes the difference. how do you succeed if you don't try? >> how did you feel when your mother died? did you feel that you had reconciled things with her? >> basically, yeah. little -- a short time before she died, i remember going to her house -- and she had alzheimer's. she didn't recognize me really. but i started to sing her a melody of something she had sung when she was younger, and that she remembered, and it just shoeds y shows you the power of music, doesn't it? >> what was it you sang? do you remember? >> it was something that she made a record of when i was 13 and she took me, but it was really because she made the records, and i was able to make a record when i was 13. >> do you think she was proud of you? >> you know what it was? i used to say, ma, how come you never told me i love you? you never said those words or really hugged me. she said, i didn't want you to get a swelled head. she s
? >> no, not yet. >> that does it for us. don't forget to catch "money in motion" and options this evening. have a great evening. follow me on twitter. and power starts now. >>> and we welcome you to "power lunch." we have three major news conferences in washington, d.c. president obama will nominate senator john kerry to be his next secretary of state. harry reid will be on the senate floor and house minority leader nancy pelosi will discuss the cliff crisis. with plan b history, washington is scrambling to get a deal done. the markets however are decidedly worried. dow jones has been down triple digits almost all session. we are off our worst lefs, down about 174 point a few moments ago. down 152 on the dow. 17 to the minus side and nasdaq is off almost 40. let's go to washington where john har wood is standing by with the latest on the fiscal cliff follies. john? >> all follies so far, sue. we had house speaker john boehner come out today and have a news conference explaining the failure of his plan b last night which stunned a lot of people because both boehner and eric cantor majority
this morning, it is the republicans who are getting the blame. joining us now, monica crowley, a fox news contributor. and monica, why do you think that the president wants us to go over the cliff? explain yourself. >> well, first, it looks like the house g.o.p. leadership actually went through the mayan apocalypse, okay? last night. and the president wants to go over the fiscal cliff and always has for two reasons, stuart, number one, he wants all of the rates to go up. not just on the 1 or 2% top earners. he wants everybody's tax rates to go up and even if you were to confiscate a 100% of the assets for the government for a handful of days. stuart: why would he want everybody to pay taxes to pay more. >> he wants revenue to pay for his monstrous, ever-growing, ever-ravenous government, and he knows the money is with the middle class, not 1%. and the top 1% assets to income you fund the government for about 11 days. the real money is with the middle class he needs their rates to go up. the second part of this is, he wants the defense sequester, 500 billion dollars taken out of defense th
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